Single Source Insurance is a leading provider of Oregon state bonds. Apply online today for an Oregon Surety Bond to take advantage of our lowest rates. Quickly browse the bonds we offer for this state, or contact us for a full list.

Do I need a surety bond for Oregon? The Oregon Construction Contractors Board (CCB) states that all license residential and commercial contractors must obtain a surety bond.
How much of a bond do I need? �The amount of the bond penalty will vary depending on the license you are wanting to obtain. Please see the chart below to determine how much of a bond is required.
Residential Bond Amounts
| Residential General Contractor | $20,000 |
| Residential Specialty Contractor | $15,000 |
| Residential Limited Contractor | $10,000 |
| Residential Developer | $20,000 |
| Home Services Contractor | $10,000 |
| Residential Locksmith Services Contractor | $10,000 |
| Home Inspection Services Contractor | $10,000 |
| Home Performance Score Contractor | $10,000 |
Commercial Bond Amounts
| Commercial General Contractor Level 1 | $75,000 |
| Commercial General Contractor Level 2 | $20,000 |
| Commercial Specialty Contractor Level 1 | $50,000 |
| Commercial Specialty Contractor Level 2 | $20,000 |
| Commercial Developer | $20,000 |
�What do I do after I purchased my bond? �After you purchase your surety bond, we will process the original and mail it out to you within 24 business hours. You may choose to expedite the bond if you wish. There will also be a power of attorney stapled to the bond, please DO NOT REMOVE the power. You will need to submit both to the CCB at:
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In the state of Oregon, contractors are required to obtain a surety bond to obtain a contractor's license. The bond amount varies depending on the type of contracting work being performed, ranging from $10,000 to $20,000 for residential contractors and $20,000 to $75,000 for commercial contractors.
The surety bond serves as a guarantee that the contractor will perform their work in accordance with state regulations and customer contracts. If a customer files a valid claim against the bond, the surety company will pay the claim up to the bond amount.
To obtain an Oregon contractor license bond, contractors can work with a surety bond company or agency. The surety bond company will assess the contractor's creditworthiness and financial stability to determine the bond premium.
Once the bond is obtained, the contractor must submit the original bond document to the Oregon Construction Contractors Board to complete the licensing process.
